UnitedHealth Group, one of the largest health insurance providers in the United States, recently disclosed that a ransomware attack on its subsidiary, Change Healthcare, has led to a significant theft of private healthcare data belonging to a “substantial proportion of people in America.”
Pharmacies across the country are facing delays in the wake of a cyberattack against the healthcare tech giant Change Healthcare, a leading prescription processor, which said it was “experiencing a network interruption related to a cyber security issue” on Wednesday.
Blue Cross Blue Cross dominates nearly half of all Obamacare enrollment, according to a study released by the Urban Institute.
UnitedHealth Group will lay off 138 workers from its staff because it lost a contract to provide Medicaid services to Delaware citizens.
The Aetna insurance company is terminating coverage for 73 percent of its Obamacare individual policies, facing huge financial losses and the need to hike health insurance premiums by 20 percent just one week before the November 8 elections.
Blue Shield of California (BSC) will be shutting down for four days following Labor Day weekend as a way to stop the financial bleeding resulting from losses in “Covered California,” the state’s Obamacare exchange program.
Whoever wins the White House in 2016 will have the pleasure of dealing with an ObamaCare crisis that The Hill describes as an impending “meltdown,” although we already had a perfectly good name for it: the ObamaCare Death Spiral.
The California Assembly approved a bill on Tuesday that would permit up to 390,000 illegal aliens to buy Covered California health insurance.
UnitedHealth, America’s largest health insurance provider, says it will exit from most ObamaCare exchanges next year, citing more than $1 billion in losses.
UnitedHealth Group chief executive Stephen Hemsley told investors on Tuesday that he rushed the huge insurance company into the Obamacare government-run exchanges too soon, costing the company at least $425 million.
The departure of UnitedHealth Group could be the death blow not even ObamaCare’s most stubborn and dishonest defenders can spin away.
